Many developing countries are battling record inflation, rising interest rates and looming debt burdens, competing priorities, and limited fiscal space.
Additionally, geopolitical tensions and the rise of nationalism in some parts of the world have made it more difficult to achieve international cooperation and coordination. However, funding for development remains a major challenge, particularly in lowincome countries. On the one hand, there have been some advances in areas such as development aid, remittances flows, and access to technology. Progress towards achieving SDG17 has been mixed.
